Links for Industrial Economics
Case Study: Using Problem Based Learning (PBL) to teach Industrial Economics
Case Study: Skill Development in Industrial Economics
Teaching and learning materials
Five-minute animated video explaining the practice of overbooking, working through a numerical example that illustrates maximisation of a revenue function. It also discusses the randomness of customers not appearing and the binomial distribution of their number. The lesson includes a self-test quiz and links to text versions and interactive views of the calculation.
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